Festive push: Air traffic up 11.6% in September

New Delhi: The festive season has started with a bang for the domestic airline industry with last month seeing 39.1 lakh people taking to the skies, which is 11.6% higher than last September. Passenger traffic has grown 18.5% in January-September , 2010, to 373.2 lakh.
Both the industry and government now hope that well-run airlines will be able to fly out of red. "If this trend (of growth) continues, almost all airlines will become profitable in near future," aviation minister Praful Patel said. The growth in passenger traffic has also come as a huge relief to airport operators as modernisation plans worth several crores were beginning to face cash crunch during the slowdown.
While Naresh Goyal's Jet-JetLite combine led the market with 26.9% share, Vijay Mallya's Kingfisher was second at 19.8%. National carrier Air India (domestic ) managed to widen its gap with leading LCC (low-cost carrier) IndiGo that was threatening to become number three two months back.
20/10/10 Times of India

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Categories: Indian Aviation- In General Oct 2010